Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$480,000	Inventory	$10,000*
Gross Income	$900,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1999
FF&E	$310,000*	Employees	35

* included in the asking price

** not included in the asking price

Established Seafood Restaurant and Raw Bar

This popular established seafood restaurant in the Tidewater region of Virginia has plenty of income potential over its current success. Located in one of the busiest tourist markets on the east coast it also has the population support for year round long term growth. Specializing in Seafood, Raw Bar, & Steaks, it also boast a full service bar and an outdoor dining area. Currently open for dinner only, the revenue will grow with an owner operator onsite. Absentee owner ready to sell!

Facilities: This full service operation is designed with a state-of-the-art kitchen, warm inviting dining and bar area and a large covered outdoor dining area. The restaurant seats 120 people, bar 20 people and outdoor dining area 52 people with a total of approximately 4400 square feet.

Competition: This restaurant is located in a prime growth market surrounded by large big box retailers with heavy traffic counts. Also supported by one of the largest tourist markets on the east coast. There is competition however the market supports the growth.

Growth/Expansion: Currently the restaurant is open during dinner hours only. An owner operator could open the business up for lunch and Sunday brunch. the operator could also utilize the larger commercial kitchen for catering and banquet functions.

Financing: Seller financing possibly available

Support/Training: Seller willing to give two weeks of onsite training and two months of phone support.

Reason Selling: Absentee owner from another city